HUFFINGTON POST / AP: Speaking at the 25th anniversary dinner of the Economic Club of Washington late Tuesday, the billionaire investor said he sees the odds of a renewed recession as “very low.”..
European leaders need to reconcile the “half-in, half-out,” nature of the euro zone, Buffett said. The 17 nations that use the euro share the same central bank and interest rate policies, but follow wildly different national tax and budget policies.
Buffett, who is the CEO of Omaha, Neb.-based Berkshire Hathaway Inc., also reaffirmed his support for the so-called “Buffett Rule.” The proposal would require Americans with incomes above $1 million to pay a 30 percent tax rate… (more)
